Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION TWELVE, FUNCTIONS OF THE PRICE COORDINATING COUNCIL, OF REPUBLIC ACT 7581 OTHERWISE KNOWN AS AN ACT PROVIDING PROTECTION TO CONSUMERS BY STABILIZING THE PRICES OF BASIC NECESSITIES AND PRIME COMMODITIES AND BY PRESCRIBING MEASURES AGAINST UNDUE PRICE INCREASES DURING EMERGENCY SITUATIONS AND LIKE OCCASIONS
Date filed
August 9, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04606 | |
| FULL TITLE : AN ACT AMENDING SECTION TWELVE, FUNCTIONS OF THE PRICE COORDINATING COUNCIL, OF REPUBLIC ACT 7581 OTHERWISE KNOWN AS AN ACT PROVIDING PROTECTION TO CONSUMERS BY STABILIZING THE PRICES OF BASIC NECESSITIES AND PRIME COMMODITIES AND BY PRESCRIBING MEASURES AGAINST UNDUE PRICE INCREASES DURING EMERGENCY SITUATIONS AND LIKE OCCASIONS | |
| ABSTRACT : The bill grants the Price Coordinating Council the additional functions of recommending to the President the following: a) the setting of price ceilings on essential commodities; b) the removal/reduction of taxes on basic commodities; and c) the grant of subsidies to certain sectors. | |
| PRINCIPAL AUTHOR/S : MAZA, LIZA | |
| DATE FILED : 2005-08-09 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Ocampo | 2. Casiño |
| 3. Virador | 4. Beltran |
| 5. Mariano | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON TRADE AND INDUSTRY ON 2005-08-15 |
Abstract
The bill grants the Price Coordinating Council the additional functions of recommending to the President the following: a) the setting of price ceilings on essential commodities; b) the removal/reduction of taxes on basic commodities; and c) the grant of subsidies to certain sectors.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.